Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HALLOWEEN COIN] [X11] – NEXT FUTURE CRYPTO CURRENCY
by
bitcoinking5
on 01/10/2016, 02:08:53 UTC
A few red flags of the coin:

(1). How can the coin limit to 1500000000?? The coin will have to be unlimited supply, because the pos will continue generate new coins, no shutdown of pos is planned (or the coin will be dead)

(2). 10% premine of what? total coins of the supposedly 1500000000? This will be a huge amount, will probably 95+% of the whole coin supply in the 1st month or 2, during which time a small portion of the coin will be mined, most exist ones are premined coins. Lol Roll Eyes

EDIT: just looked the source code:
a. premine = 150,000,000 coins
b. total first month pow coin generation: 2 * 60 * 24 * 30 * 240 = 22,464,000 < 15% of the premined coin.
Once the coin hits any exchange, wait for these premined coin to be dumped to you, lmao.

Part of premine coin will be distributed in form rewards, as you will see many rewards will be coming.